Q: For a remodeling project, should we take out a straight home equity loan or a line of credit? (Louisville Courier-Journal)
A: If you expect to make several payments to different contractors, consider a line of credit that typically comes with check writing. Each time you write a check you borrow more.
No dividend for Equity Inns holders (Memphis Commercial Appeal)
Owners of preferred stock in the former Equity Inns Inc. of Memphis won’t be getting second-quarter dividends.
Irwin shares jump as sale of home-equity loans caps losses (The Indianapolis Star)
COLUMBUS Shares of Irwin Financial Corp., which lost $55 million in 2007, jumped the most in more than four months after the Columbus-based bank said the sale of home-equity lending assets will limit future losses. Shares rose 75 cents, or 22.1 percent, to close at $4.14. The company said Thursday it will sell $1 billion of its home-equity loans to a mortgage investment firm. Irwin’s remaining …
South Florida Equity Firm Creates Action Plan For Stopping Rising … - PR Web (press release)
South Florida Equity Firm Creates Action Plan For Stopping Rising …PR Web (press release), WA - Jul 28, 2008Oceanview Equity, a progressive South Florida based home equity firm, has extended a helping hand with an 8 Step Plan to Stop Foreclosure and save your home …